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Wednesday, 06 January 10
SAS 2009 COAL EXPORTS THROUGH RBCT FLAT AT 61MT


Exports through South Africa’s Richards Bay Coal Terminal (RBCT) remained flat in 2009, as the terminal faced “critical business challenges”, CEO Raymond Chirwa reported on Tuesday.

The RBCT exported 61,14-million tons of coal last year, compared with 61,7-million tons in a “smoother” 2008.

Chirwa explained that the business challenges related to integration problems with the new terminal control system.

The RBCT reported that State-owned Transnet Freight Rail (TFR) had delivered 61-million tons in 2009 and that the terminal had achieved 0,14-million tons more than the rail utility by using its stockpile as a buffer.

“TFR’s nonperformance in meeting our rail capacity’s requirements is now the only constraint in the coal value chain,” said Chirwa.

The RBCT said that TFR had admitted that it had not delivered on its mandate and that the rail utility had drawn in additional technical resources to ramp up capacity.

“A collaborative effort is what will help South Africa regain and retain its leadership position in global coal export markets,” Chirwa noted. To read more Mining Weekly



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Wednesday, 30 December 09
INDIA CEMENTS TO FINALIZE 3 SHIPMENTS OF SOUTH AFRICAN COAL NEXT WEEK
COALspot.com (India): India Cements is looking for 3 shipments (150,000MT) of South African coal for January – March 2010 delivery on C ...


Wednesday, 30 December 09
BANPU EXPECTS STABLE COAL PRICES
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COAL PRICE RISE REQUEST DENIED
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Wednesday, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...


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